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By Chaincerts

Chaincerts

SCF #18
$103.1K
Legacy v4.0 Award
Awarded
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Enabling secure and accessible digital identities for all through a decentralized credential management solution

Products & Services

Chaincerts is a cutting-edge application that revolutionizes traditional credentials management. By harnessing the power of blockchain technology and smart contracts, it securely stores, issues, and verifies credentials, ensuring their non-transferability and immutability, as well as eliminating the risk of tampering. In its initial development phase, Chaincerts was conceptualized to use Soulbound Tokens (SBTs) on the Stellar network. The tokens were intended to serve as identity tokens, showcasing an individual's characteristics, features, traits, and achievements. With the development of W3C specifications for managing decentralized identities, along with the demand for more robust identity solutions, our team realized the limitations of SBTs and embarked on a journey of transformation and innovation. This strategic transformation led Chaincerts to evolve into an advanced Self-Sovereign Identity application. By seamlessly aligning with the W3C's Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) standards, users gain full control, portability, and interoperability over their identity data, boosting security and privacy. This shift also prioritizes smooth integration with systems that adhere to the same specifications. Despite undergoing a fundamental transition, the problem Chaincerts set out to solve remains the same — to provide a modern solution to the outdated and unreliable certification system. Chaincerts operates as a Self-Sovereign Identity (SSI) application, leveraging Stellar’s blockchain infrastructure and Soroban smart contracts to securely manage digital identities and credentials. By introducing a decentralized identity management solution, Chaincerts gives users full control over their identity data, enhancing security and privacy. Soroban smart contracts are responsible for generating and managing Decentralized Identifiers (DIDs) and issuing Verifiable Credentials (VCs) – two integral components of Self-Sovereign Identity systems. The DID enables users to control their identity without relying on centralized authorities by providing a unique, decentralized identifier. On the other hand, VCs are decentralized attestations that verify an individual's claims and achievements and are linked to the user’s DID in the Stellar network. Chaincerts' identity management is therefore tamper-proof, secure, and verifiable. It allows users to share their verified credentials while maintaining control over their data.

Soroban

No content.

Requested Budget

$103.1K

Success Criteria

No content.

Go-To-Market Plan

No content.

Team

No content.

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Juan-Hurtado

Juan Hurtado

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Miguel-Nieto

Miguel Nieto

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Project Stats

Team Size
2
Project Type
Infrastructure & Services
Category
Infrastructure & Services
Total awarded
$178.1K*
Awarded Submissions
2
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Chaincerts

Chaincerts

SCF #13
$75.0K
Legacy v4.0 Award
Awarded